AutoPayPlus Redefines the Crowded Online Mortgage Calculator Space

Biweekly mortgage calculator encourages user experimentation and
interaction

ORLANDO, Fla.–(BUSINESS WIRE)–#Mortgagetech—AutoPayPlus
is redefining the crowded online mortgage calculator space with the
launch of its biweekly version that features interactive scales and
charts to answer the questions that users have in real-time. The free
biweekly mortgage calculator complements the company’s automated
mortgage payment service that helps homeowners reach their financial
goals faster.

A defining feature of the AutoPayPlus biweekly mortgage calculator is
its “smart” ability to create financial what-if scenarios. For example,
what if someone wants to pay off a mortgage before their child starts
college? Using a debt freedom slider, users can calculate the payments
needed to meet their financial objective.

Other features of the new biweekly mortgage calculator include:

• Calculates biweekly payments, effective interest rate and improved
  equity when using the automated loan payment service for mortgages.
• Takes into consideration escrow (tax and insurance).
• Shows amortization, including principal and interest, during the life
  of the loan.

“There are many mortgage calculators on the web today, but frankly, I
haven’t seen anything as polished in terms of design and ease of use,”
said AutoPayPlus CEO Robert Steenbergh. “Our goal was to improve on the
typical user interface experience and create an exciting, colorful and
modern presentation of information that appeals to today’s social and
digital natives.”

AutoPayPlus offers homeowners a number of accelerated mortgage payment
options including weekly, biweekly and bimonthly debit withdrawals. It
also provides customers with access to a free financial planning toolkit
to help them automate other bill payments, organize their finances,
monitor their credit, and create a budget and savings plan for the
future. The resources available include monthly VantageScore® 3.0 credit
score with trending from TransUnion®, and credit monitoring and instant
alerts from TransUnion® to help prevent identity theft.

AutoPayPlus is a personal financial management service offering loan
and bill payment and personal equity building, credit monitoring and
protection, and financial planning tools. Founded in 2003, the company
has provided automated loan acceleration services to more than 155,000
consumers nationwide. It is an industry leader in early loan payoff
services with an A+ rating from the Better Business Bureau and is fully
compliant with all regulatory issues relevant to the marketplace. For
more information visit https://www.autopayplus.com.

Contacts

For AutoPayPlus
Carolyn Reis, APR, 407-590-0251
Carolyn@ReisCorporatePR.com